Scholars, advocates, and activists seeking to make the U.S. a more responsible global partner.
Labor, Trade, & Finance
Poverty Capitalism: Interview with Ananya Roy

Poverty Capitalism: Interview with Ananya Roy

by | Feb 17, 2011

The last decade of officially celebrated growth left behind a vast underclass. The world’s richest 500 people, hardly enough to fill a movie theater, command more wealth than the bottom 416 million. From the varied vantage points of affluence, the poor are many things — victims, citizens, objects, profit opportunities. Ananya Roy’s recent book Poverty Capital brilliantly captures a growing global consensus about poverty, and a brave new world of ideas aiming to fulfill oft repeated declarations of “making poverty history.”

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Trading with the Enemy

Trading with the Enemy

by | Feb 16, 2011

In 1875, as Europe set its sights on Africa’s vast riches, King Leopold II of Belgium wrote to his ambassador in London, “I do not want to miss a good chance of getting us a slice of this magnificent African cake.” It’s America’s turn now, and it appears that the Obama administration – like Bush before him – is driven by a similarly disturbing vision: a new scramble for Africa.

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Free Trade Kills Korean Farmers

Free Trade Kills Korean Farmers

by , | Feb 15, 2011

The Korea-U.S. Free Trade Agreement (Korea FTA), which the Obama administration is promising to send to Congress for ratification in the next weeks, would be the largest international trade deal since the North American Free Trade Agreement (NAFTA). Korea is the seventh largest U.S. trading partner and the United States is Korea’s third largest trading partner. Commerce between the two countries is estimated at $86 billion annually. The Korea FTA was originally signed in April 2007 by President Bush and later amended by the Obama administration in December 2010. But neither the U.S. Congress nor the South Korean parliament has yet to sign it

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Peru Trade Deal Unravels

Peru Trade Deal Unravels

by | Feb 7, 2011

In 2007, a determined Democratic caucus put their collective feet down. They refused to consider any more free trade agreements without a new model, with stronger protections for labor, human rights, and the environment. And so in May, the caucus and its supporters cut a deal with the Bush administration for a new and improved FTA with Peru.

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Recovery Recedes, Convulsion Looms

Recovery Recedes, Convulsion Looms

by | Jan 3, 2011

The dominant mood in liberal economic circles as 2010 drew to a close, in contrast to the cautiously optimistic forecasts about a sustained recovery at the end of 2009, was gloom, if not doom. Fiscal hawks have gained the upper hand in the policy struggle in the United States and Europe, to the alarm of spending advocates like Nobel laureate Paul Krugman and Financial Times columnist Martin Wolf who see budgetary tightening as a surefire prescription for killing the hesitant recovery in the major economies.

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